REV Group, Inc. (NYSE:REVG) Q3 2022 Earnings Conference Call September 7, 2022 10:00 AM ET

Company Participants

Drew Konop - Vice President of Investor Relations and Corporate Development

Rod Rushing - President and CEO

Mark Skonieczny - CFO

Conference Call Participants

Mike Shlisky - D.A. Davidson

Mig Dobre - Robert W. Baird

John Joyner - BMO Capital Markets

Operator

Greetings and welcome to the REV Group, Inc. Third Quarter 2022 Earnings Conference Call. At this time all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host Drew Konop, Vice President of Investor Relations and Corporate Development. Thank you. You may begin.

Drew Konop

All right, thank you, Doug. Good morning, and thanks for joining us. Earlier today we issued our third quarter fiscal 2022 results. A copy of the release is available on our website at investors.revgroup.com. Today's call is being webcast, and a slide presentation which includes a reconciliation of non-GAAP to GAAP financial measures is available on our website. Please refer now to Slide 2 of that presentation. Our remarks and answers will include forward-looking statements, which are subject to risks that could cause actual results to differ from those expressed or implied by such forward-looking statements. These risks include, among others, matters that we've described in our Form 8-K filed with the SEC earlier today, and other filings that we make with the SEC.

We disclaim any obligation to update these forward-looking statements which may not be updated until our next quarterly earnings conference call, if at all. All references on this call to a quarter or a year are our fiscal quarter or fiscal year, unless otherwise stated. Joining me on the call today are President and CEO, Rod Rushing, as well as our CFO, Mark Skonieczny.

Please turn now to Slide 3 and I'll turn the call over to Rod.

Rod Rushing

Thank you, Drew, and good morning to everyone joining us on today's call. Today, I'll provide an overview of the quarter's consolidated performance and then move to commercial, operating and financial highlights achieved within the quarter before turning it over to Mark for our detailed segment financials. First, I'd like to provide a few comments on what we are experiencing in the supply chain and labor markets. Like other industrial companies, we have been managing through an inconsistent and challenged supply chain over the past year. While we have seen improvements, these improvements have proven to be temporary and material shortages have subsequently reemerged impacting our flow and throughput. We have listed the components that have had the most frequent impact on production. Wiring harnesses, HVAC, axles, radiators and electronics have consistently been short and supplied and remain disruptive to both our starts and completions. We continue our efforts to secure volume commitments and are running processes to qualify and dual source apparent suppliers, but a consistent predictable flow of materials has not yet returned.